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Great news! Holding strong here.
Oh yesss! Balla in the house! You know we're good now.
Looking much better this morning. Let's see it move ICTY!
Nice update from the company! Two great details - In the Black and pending news. CEO came through for the shareholders imo. I'm buying at open.
$CMGO We will be putting out our 10k later today. We managed to stay in the black, all in all it was a very challenging year. This year should be much more rewarding. The Las Vegas jobs have been challenging to close, still working hard to get signatures. No hype I am working on
— CMG Holdings Group Inc. (CMGO) (@CMGONews) March 31, 2021
Yes good point Jammin1. He be generating the free cash flow excellente these days. Let's see what the Annual and Q4 look like tomorrow. Like you said it could be somewhere in the upper range of the company's revenue guidance for 2020 of $4,200,000 - $4,500,000.
I'm thinking Net Income will be in the range of $750k-$900k. This should peak some interest once it becomes widely disseminated into the investment community. Perhaps the CEO will now start attracting more attention to his company as he keeps saying it is undervalued. So let's go Brav!
Agreed! Well bid for today and the longs are supporting the company efforts. It seems people believe BRAV will be successful. Looking forward to seeing the report tomorrow! Go Brav!
Looking good here RJDG. Just the start I'm sure.
Nice! This has great potential for a move higher imo
All good questions. Please let us know what the response is. Thanks bro!
Great we're close then! Loaded up bigly here. Let's see the financial release and the big deal announcement come through all good for CMGO.
You got that right bro! We're good here. Looking forward to the Annual report this week showing more great numbers.
Yeah exactly. This ceo seems all fired up and ready to expand. Not only has he been successful with his current businesses but he has launched 3 new websites - "We have managed to grow our assets and make investments into 3 new websites, USAFashion.com, WomensFashionWholesale.com and WorldofPets.com."
Who's to say he won't be highly successful with these as well? The guy obviously spent a lot of time and money figuring out how to grow Bravada and so I would expect to see the same pattern with these new additions.
The future looks bright here!
DA seems more than ready to take his company to the next level. The proof is in the filings with huge revenue and profit growth the past couple years and also we now hear him being very vocal about how his company is undervalued. Shareholders and new investors should read the bold below and there is your advantage. A CEO who works his $ss off and now he wants to see the share price reflect it's true value.
Quote excerpted from last news release:
"He believed strongly in his ability to develop and grow BRAVADA International into a valuable company. Four years later, the Company finds itself in an advantageous position."
“I have worked 16 hours a day, 7 days per week for the last 13 years building this company and the last thing that I intend to do is undervalue the enormous amount of time, effort and energy I have placed into building BRAVADA,” replied Danny Alex, CEO of BRAVADA International. “Every Company website, successful and unsuccessful, has been by my design from creation and concept to the CSS / HTML and SEO. Shareholders should not underestimate my ferocity and conviction in BRAVADA and the value of its shares. Anyone who has placed 25% of their life-span into a project as I have with BRAVADA, understands the emotional stake one can have in a Company and I have no plans to undervalue this Company.”
Mr. Alex continued, “BRAVADA International is in an excellent position with strong free cashflow from operations and we expect to have almost $200,000 of cash on hand at the end of March 2021. We have managed to grow our assets and make investments into 3 new websites, USAFashion.com, WomensFashionWholesale.com and WorldofPets.com. The Company’s expenses are streamlined with virtually no debt and an amazing group of employees who are committed to this Company.
Excellent. Thanks for the info!
I’m sure the CEO has a game plan for that otherwise why would he say it? I’ll leave it to him to follow through on that. With his market background I’m sure he understands what needs to happen in order to attract those kind of investors.
Bro that's great that you are holding on! We can't control what's happening as it's in the CEO's hands. So at some point DA wants to be a rich man which is great as he should reap the rewards of working his business so hard all these years. And we all want to tag along with him right? The stock is undervalued as per the CEO and every valuation metric. So there is no reason to sell his shares so low right.
Soooooo what do we do to help with that? Buy the stock... imo of course! Load it up like I and many others have been lately so when the good news starts to roll in and new buyers take positions then the price will move up bigly!
We're already in this big time so let's all get onboard a little more positive huh?
Exactly Shift-4! There seems to be a lot of misunderstanding guided by self interest. It's not that hard to understand is it? Peeps got 3 options to buy, hold, or sell the stock of BRAV. If you believe in the business and the CEO's continuing ability to grow said business then stick around and buy some more if you can. It looks to me like peeps are doing just that as the price has stabilized with very little selling this past week.
I have a feeling the financials release coming up this week will spark a large interest in the stock. Showing huge year over year revenue and profit growth plus over $200k cash in the bank and no debt should be enough to bring some new eyes to Bravada.
I think Danny has something big coming up soon. He says the shares are undervalued at this price. He also says one reason for the RS is to raise the share price so as to attract small cap funds or large capital pools. DA is hugely incentivized to work hard at increasing investor awareness about BRAV now that he is the largest common stock holder.
DA has been keeping his word on everything he says he is going to do and so I believe he will be working extra hard now to promote his company. Post RS the stock could go to new highs once awareness kicks in imo.
Yes and as soon as I saw your post I picked up some too. Nice add at this price imo!
Liking the trading today! The bottom is in imo
Nice picked some up too. Finally getting going!
Might get 008's soon. That would be amazing for sure! lol
Clarification from the CEO about uplisting.
https://www.bravada.com/answers/
MARCH 25, 2021
SOME PEOPLE ARE OF THE IMPRESSION THAT THERE IS OR WAS A NASDAQ LISTING THAT THE COMPANY WAS WORKING ON, CAN YOU CLARIFY?
I am not sure how this is confusing but I am happy to clarify. I will only discuss statements made in our Press Releases.
The Company stated: "The Company is undertaking a reverse split so that it may begin a process of maximizing its ability to up-list to a senior exchange sometime in the future".
"Sometime in the future" means exactly that, "sometime in the future" and NOT at present.
The Company stated: "begin a process of maximizing its ability to up-list". It does not say "begin actively working on an uplisting". It states very clearly that the company is beginning a process to maximize its chances when it decides to actively try to uplist the Company sometime in the future.
The Company has never stated "NASDAQ" except in today's press release where we stated; "we are not listing ourselves on NASDAQ".
The Company has stated very clearly that we are beginning the process of getting things in place to attempt an uplisting sometime in the future.
Buy it when it's quiet! We know more filings are coming and PR's after that from what the ceo has said. Anything in this area is a buy imo.
Yes most definitely! I'm pretty sure we hit bottom today and many others seem to think so too with all the buying and big bids.
Agreed Orca! How about this part excerpted from the news release today:
“BRAVADA International is in an excellent position with strong free cashflow from operations and we expect to have almost $200,000 of cash on hand at the end of March 2021. We have managed to grow our assets and make investments into 3 new websites, USAFashion.com, WomensFashionWholesale.com and WorldofPets.com. The Company’s expenses are streamlined with virtually no debt
Free cash flow to expand and grow the business! Shareholders should be loving this imo. I am wondering if we will see a surprise to the upside in the financial release next week. We will see and either way the company is doing the right things to move positively forward here.
Yes it is. And notice how DA is giving us some very positive hints in this news. I like this! DA building the business like a Boss!
BRAVADA International Announces a Delay in Its Reverse Split and Provides Shareholders Insight into The Company from CEO Danny Alex
2021-03-25 05:30 PT - News Release
LOS ANGELES -- (Business Wire)
BRAVADA International Ltd (https://www.Bravada.com) (Pink Sheets: BRAV) announced today that the Company is amending the date for its reverse split pending additional documents and completion of corporate matters requested by FINRA. As such, if the reverse stock split is completed, the Company’s shareholders will receive one (1) new share for every fifty (50) shares of BRAVADA International Ltd common stock held prior to the effective date. The Company shall provide a date by press release when one is confirmed.
The Company would like to be clear regarding future share issuances and related corporate matters. BRAVADA International is not contemplating, in discussions with or has any plans to issues shares to raise capital, nor is it contemplating any acquisition(s) or any other corporate action except those which are already disclosed as part of the reverse split. The Company’s Founder and CEO, Danny Alex, believes that value of the Company’s shares is below what he feels is fair value based on the Company’s revenue and corporate assets and has no plans to use the Company’s stock as a currency for capital or acquisitions.
Over the last 13 years, Mr. Alex has accepted the majority of his pay in shares of the Company in addition to investing capital. In 2016, many shareholders suggested that BRAVADA International was not going to survive as a going concern and shareholders displayed no confidence selling BRAV shares down to as low as $0.0002. Despite this, Mr. Alex remained confident and continued to accept shares of the Company as the majority of his pay with no guarantee of ever realizing a return. He believed strongly in his ability to develop and grow BRAVADA International into a valuable company. Four years later, the Company finds itself in an advantageous position.
“I have worked 16 hours a day, 7 days per week for the last 13 years building this company and the last thing that I intend to do is undervalue the enormous amount of time, effort and energy I have placed into building BRAVADA,” replied Danny Alex, CEO of BRAVADA International. “Every Company website, successful and unsuccessful, has been by my design from creation and concept to the CSS / HTML and SEO. Shareholders should not underestimate my ferocity and conviction in BRAVADA and the value of its shares. Anyone who has placed 25% of their life-span into a project as I have with BRAVADA, understands the emotional stake one can have in a Company and I have no plans to undervalue this Company.”
Mr. Alex continued, “BRAVADA International is in an excellent position with strong free cashflow from operations and we expect to have almost $200,000 of cash on hand at the end of March 2021. We have managed to grow our assets and make investments into 3 new websites, USAFashion.com, WomensFashionWholesale.com and WorldofPets.com. The Company’s expenses are streamlined with virtually no debt and an amazing group of employees who are committed to this Company. We are not issuing shares to raise capital, we are not acquiring any companies, we are not listing ourselves on NASDAQ; we are focused 100% on building this company.”
About:
BRAVADA International is an internet and media company that owns and curates online properties through a proprietary methodology of creating, developing and operating retail and wholesale websites that provide an exciting blend of consumer level and B2B products and services.
Forward-looking Statements
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of BRAVADA International’s business, corporate growth, and related business strategy. Such statements may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause actual results to differ may emerge from time-to-time. BRAVADA International undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210325005517/en/
Contacts:
Danny Alex
CEO and President
323-936-0569
Investors@Bravada.com
Source: BRAVADA International Ltd
© 2021 Canjex Publishing Ltd. All rights reserved.
EVIO SS updated today. https://www.otcmarkets.com/stock/EVIO/security
What do you think BB are we at bottom yet? If dilution is done this should head upwards imo.
Another shareholder question answered from the CEO today.
https://www.bravada.com/answers/
MARCH 24, 2021
THERE'S SOME NOISE BEING MADE THAT THE A/S WAS SEMI-STEALTHILY RAISED AS PART OF THE R/S ANNOUNCEMENT. SOME ARE HOPEFUL THIS LEAVES SPACE FOR ACQUISITIONS WHICH COULD BE NECESSARY TO REACH SUFFICIENT EQUITY LEVELS TO UP-LIST TO NASDAQ, BUT OTHERS ARE LEERY OF EVEN MORE UNCERTAINTY. SHOULD WE BE CONCERNED ABOUT UNRESTRICTED COMMON SHARE DILUTION POST R/S SINCE THE 100M A/S WOULD ALLOWS SIGNIFICANT ROOM FOR THIS?
I made mention of this in a previous answer but let me expand on it a little. You should not place so much relevance in what the authorized share number is. That number can be changed within an hour for most companies. All that is required is a board resolution and a Certificate of Amendment. If a company wants to issue shares and the authorized does not allow for it, they just submit a Certificate of Amendment, increase the authorized and issue the shares, it is that simple. One should not get a sense of security if a company has 500,000,000 shares issued with 500,000,000 shares authorized. If a company would like to issue more shares, they submit a Certificate of Amendment increasing the authorized to 2,000,000,000 and once it is accepted and time stamped by the State, the Certificate of amendment goes in for a share authorization under the power of a board resolution. The authorized can be increased without much effort. It does not stop a company from issuing shares nor does it suggest a company is going to issue shares if it has a huge amount of authorized shares available. I think it is human nature to postulate and make an exaggerated explanation(s) about why something is the way it is and all of the possible permutations. It could also have nothing to do with anything and a big thing is being made about nothing? Just a thought.
Just touched the 50 DMA and some peeps lost their shares here just now. This could be the bottom right here at 0033-0035 imo
Picked some up here. Looks like it's bottoming out.
I liked the news too and added another 550k between 0065 and 0067. Seems like it has found support at this level.
Nice to see news. DA doing the right things here. Let's see a positive financial release March 31 and above expectations would be nice!
Picked up more at 39. Looking good and holding for more news.
Any positive reasons for an AS increase? He has no need to dilute in the traditional sense or he would have done it all these years. So what possible reasons are there? To position the stock with "sophisticated" investors? Possible acquisitions or mergers that require issuing shares? It's all speculation what he would do but if he says he wants to up list to a higher exchange then raising the AS is a tool for BRAV to use towards that ultimate goal. Thoughts?
All in here since trips. Been waiting on the filings which are just starting and more to come. Buys here low 002's look good to me. I can see HVCW attracting a lot more attention as more filings drop. If any news of the battery projects emerge this could take off to new highs.
BRAVADA International Announces a Comprehensive Shareholder Communication Program at Bravada.com
2021-03-18 06:15 PT - News Release
LOS ANGELES -- (Business Wire)
BRAVADA International Ltd (https://www.Bravada.com) (Pink Sheets: BRAV) announced today that it is creating a comprehensive communication program to provide timely information on the Company and its business in conjunction with its “Question and Answer” section which is live on its website at Bravada.com. Investors and interested parties are encouraged to visit Bravada.com to sign up for its timely corporate updates.
Investors and stakeholders can click on this link to visit the “Contact Us” page: BRAVADA Contact Us
“We are creating a direct line of communication to our investors so that we can provide ongoing information in an efficient manner and unify our message to our shareholders,” replied BRAVADA International CEO, Danny Alex. “Investors who join our program will have press releases emailed to them upon their release as well as additional information on our business affairs and related corporate information as the Company continues to execute its growth plans.”
The BRAVADA shareholder communication program is being implemented to provide factual information to all interested parties, provide a fast and efficient way to disseminate information, and correct any false or misleading information.
About:
BRAVADA International is an internet and media company that owns and curates online properties through a proprietary methodology of creating, developing and operating retail and wholesale websites that provide an exciting blend of consumer level and B2B products and services.
Forward-looking Statements
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of BRAVADA International’s business, corporate growth, and related business strategy. Such statements may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause actual results to differ may emerge from time-to-time. BRAVADA International undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210318005569/en/
Contacts:
Danny Alex
CEO and President
323-936-0569
Investors@Bravada.com
Source: BRAVADA International Ltd
© 2021 Canjex Publishing Ltd. All rights reserved.
BRAV holding in there good today. Solid support so far at this level.
Perhaps peeps are realizing they can't get shares any cheaper and everyone is holding what they have to see what the financials look like.
Nice buys bro! Right at the bottom too. Peeps should be locking down the float here so when BRAV does the RS on Mar 31 it will be easier to move up on the great financials release that is about to be dropped imo of course!
I hope you bought yourself more than just stocks for your birthday!? Rock this stock bigly.